Quarterly Revenue Increases 48% and Operating Expenses Decrease 43% Year over Year, Corporate Update and Impact of Covid-19 Toronto, Ontario and Mumbai, India and Los Angeles, California--(Newsfile Corp. - June 1, 2020) - QYOU Media Inc. (TSXV: QYOU) (OTCQB: QYOUF) ("QYOU Media" or the "Company"), a media company operating in India and the United States, has reported financial results for the three months ended March 31, 2020. All figures appear in Canadian dollars.Financial Highlights ...

QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) ("QYOU Media" or the "Company"), a next generation global media company powered by creators and influencers that curates, packages and distributes premium digital video for television and multiscreen distribution, is providing the following update on corporate activity during the recent lockdowns occurring as a result of the Covid-19 pandemic. The Q India, a Hindi language channel featuring India’s most popular digital content and social superstars, was launched in November 2017 at that time available in 14 million television homes.

QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) ("QYOU Media" or the "Company"), a next generation global media company that curates, packages and distributes premium digital first short-form video for multiscreen distribution, today announced each of the resolutions put before the annual and special meeting of shareholders held on March 5, 2020 was passed by the requisite majority of shareholders. As described in the Company’s management information circular dated January 6, 2020, G. Scott Paterson, Curt Marvis, Catherine Warren, Amory B. Schwartz, Damian Lee and Steven Beeks were re-elected as directors of the Company. The Company also announces that Vikas Ranjan, who was initially proposed as a director nominee, has instead accepted the position of Special Consultant to the Chair of the Board.

QYOU Media Inc. (TSXV: QYOU, OTCQB: QYOUF) ("QYOU Media" or the "Company"), a next generation global media company that curates, packages and distributes premium digital first short-form video for multiscreen distribution, has reported financial results for the three and six months ended December 31, 2019. QYOU Media is a growing global media company powered by creators and influencers.

QYOU Media Inc. (TSXV: QYOU; OTCQB: QYOUF) (“QYOU Media” or the “Company”) announced today it completed its previously announced (see QYOU Media news release dated January 24, 2020) non-brokered private placement of units of the Company (“Units”) on February 11, 2020 for total gross proceeds of $360,000 (the “Offering”). The Company issued a total of 6,000,000 Units at a price of $0.06 per Unit in connection with the Offering.

G. Scott Paterson (the “Acquiror”) announces that on January 15, 2020 he exercised 500,000 common share purchase warrants in the capital of QYOU Media Inc. (the “Company”) at a price of $0.06 per share to acquire 500,000 common shares of the Company, for an aggregate exercise price of $30,000. The Acquiror exercised the warrants for investment purposes. Prior to the exercise of the warrants, the Acquiror beneficially owned and controlled an aggregate of 15,209,194 common shares in the capital of the Company, representing 8.80% of the issued and outstanding shares of the Company prior to the exercise.

QYOU Media Inc. (TSXV: QYOU; OTCQB: QYOUF) (“QYOU Media” or the “Company”) announced today that, in recognition of the fact that the directors of the Company have not received cash remuneration for their services as directors since the Company’s shares began trading on the TSX Venture Exchange following its reverse take-over transaction on March 31, 2017, the Company intends to issue an aggregate of 4,315,832 common shares of the Company to its non-management directors, as compensation for such services. Such compensation shares will be issued at a deemed issuance price of $0.10 per share.

QYOU Media Inc. (TSXV: QYOU; OTCQB: QYOUF) (“QYOU” or the “Company”) announced today it completed its final closing of its previously announced (see QYOU news releases dated August 30, 2019, October 2, 2019 and October 11, 2019) non-brokered private placement of units of the Company (“Units”) on October 30, 2019 for gross proceeds of $100,000 (the “Tranche”), bringing total aggregate gross proceeds to $1,800,000. The Company issued a total of 2,000,000 Units at a price of $0.05 per Unit in connection with the Tranche, bringing aggregate Units issued to 36,000,000 in connection with the offering.

OTCQB: QYOUF) (“QYOU” or the “Company”) announces that it intends to extend the term of warrants that are due to expire on October 30, 2019 until March 31, 2020. Under the offering, the Company issued units comprised of one common share of the Company, one-half of one common share purchase warrant (each such whole common share purchase warrant, a “10 Cent Warrant”) and a second one-half of one common share purchase warrant (each such whole common share purchase warrant, a “12 Cent Warrant”).

OTCQB: QYOUF) (“QYOU” or the “Company”) announced today it anticipates completing a final closing of its offering of units of the Company (“Units”) on or about October 16, 2019 of an additional 4,150,000 Units for proceeds of $207,500, bringing total aggregate gross proceeds to approximately $1,800,000. The additional closing is subject to the approval of the TSX Venture Exchange.

OTCQB: QYOUF) (“QYOU” or the “Company”) announced today that it has completed the first tranches of its previously announced (see QYOU news release dated August 30, 2019) non-brokered private placement for aggregate gross proceeds of $1,180,000. The Company issued a total of 23,600,000 units of the Company (the “Units”), at a price of $0.05 per Unit. Each Unit is comprised of one common share in the capital of the Company, one-half of one common share purchase warrant exercisable at $0.06 per share until September 30, 2020 and an additional one-half of one common share purchase warrant exercisable at $0.10 per share until September 30, 2021.

OTCQB: QYOUF) (the “Company”) is pleased to announce today that it expects to issue approximately 28,000,000 units of the Company (the “Units”) at a price of $0.05 per Unit, for gross proceeds of approximately $1,400,000. The Company may elect to close on a higher or lower number of Units. Each Unit will be comprised of one common share in the capital of the Company, one-half of one common share purchase warrant exercisable at $0.06 per share until September 30, 2020 and an additional one-half of one common share purchase warrant exercisable at $0.10 per share until September 30, 2021.

OTCQB: QYOUF) announced it has launched its first Influencer Marketing campaign via its Q India subsidiary. The campaign for StoryTel India comes on the heels of a record breaking quarter for QYOU Media that saw it surpass $1.3 Million in its Influencer Marketing business for the quarter. The StoryTel India effort will deploy prominent Indian influencers on both YouTube and Instagram.